Billionaire Elon Musk praised his xAI Corp. on Sunday, stating that its "market cap growth potential" is bigger than that of Meta Platfroms Inc.
"Many strong Meta engineers have and are joining xAI and without the need for insane initial comp (still great, but not unsustainably high)," he wrote in a post on social media.
The tech mogul further added that his firm is "hyper merit-based," explaining that if an employee does something great, their "comp can shift substantially higher."
